Cedar Creek: How Mortgage Rates Shape Buying Power Now

Deal of the Week

Deal of the Week · 411 Texas Oak DR, Cedar Creek TX 78612 · MLS #6270701 · Listed by Orchard Brokerage. ALEX valuation $365,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $334,000 411 Texas Oak DR, Cedar Creek TX 78612 · MLS #6270701 Listed at $299,990, 4 bed, 2 bath, 2,046 sq ft. Listed 18% below the ALEX valuation; 20% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189769506/411-Texas-Oak-DR-Cedar-Creek-TX Lower-middle quartile: $334,000 to $376,000 131 Coopers Hawk CRST, Cedar Creek TX 78612 · MLS #7509344 Listed at $368,990, 5 bed, 3 bath, 2,577 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 10% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183821278/131-Coopers-Hawk-CRST-Cedar-Creek-TX Upper-middle quartile: $376,000 to $539,000 116 Andaman Roost, Cedar Creek TX 78612 · MLS #7930500 Listed at $381,990, 5 bed, 3 bath, 2,812 sq ft. Listed 3% below the ALEX valuation; 14% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183031696/116-Andaman-Roost-Cedar-Creek-TX Upper quartile: $539,000 and up 319 Lonesome Dove DR, Cedar Creek TX 78612 · MLS #4280046 Listed at $550,000, 5 bed, 4.5 bath, 4,120 sq ft. Listed 10% below the ALEX valuation; 27% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186741847/319-Lonesome-Dove-DR-Cedar-Creek-TX

Key figures · Cedar Creek · rolling 6 months ending Sep 30, 2026

107 homes sold in Cedar Creek in the 6 months ending Sep 30, 2026 (up 8.1% on a year earlier).

Median sale price: $369,990 (down 10.7% on a year earlier).

Median price per square foot: $182.

Median days on market: 66.

Median sale price as a share of the original list price: 90.8%.

108 homes for sale now, about 5.9 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

What does a rate of 7.32 percent mean for a buyer in Cedar Creek today? With the median closed price at $369,990 across 107 sales in the rolling six months ending September 30, 2026, monthly payments are sensitive to every basis point. A standard payment on a loan of $295,992 at this rate is $2,033 per month for principal and interest alone. ALEX Intelligence modeled two common buydowns to show how rates affect affordability. A 3-2-1 buydown lowers the rate in year one, cutting the monthly payment by $565, then to a lower rate in year two ($386 savings), and a further reduction in year three ($197 savings). The total cost is $13,776. A 2-1 buydown reduces the rate in year one ($386 savings) and year two ($197 savings), costing $6,996 total. These figures are ALEX Intelligence estimates, not appraisals. They assume a 30-year fixed loan at 7.32 percent (Freddie Mac Primary Mortgage Market Survey, week of October 22, 2026) and principal-and-interest only. Buyers should compare these scenarios against their cash flow needs and the current market pace, where median days on market is 66 and the close-to-original list ratio is 90.8 percent. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog

George Arnold Alexander III, MPA

MIT, Nvidia, Google, AWS & IBM-Trained. Cross-Domain Expert. Castor Venture Club.

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et al.

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